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Applied Digital Corp. (APLD) Stock

Technology · Information Technology Services · US
$17.91 +7.37%
Last updated Nov 12, 2026 10:46 UTC

APLD Key Statistics

Market Cap$5.42B
P/E (TTM)-10.92
P/S (TTM)6.34
P/B (TTM)3.25
Revenue (TTM)$853.85M
EPS (TTM)$-1.64
Dividend Yield—
ROE (TTM)-22.14%
Net Margin-54.15%
Gross Margin20.22%
52W High$50.73
52W Low$13.12
Analyst ViewBuy
Price Target$58.20
Employees256
Volume27,925,124

About Applied Digital Corp.

Applied Digital Corporation designs, develops, and operates digital infrastructure solutions to high-performance computing (HPC) and artificial intelligence industries in North America. It operates through: Data Center Hosting Business, and HPC Hosting Business. The company offers infrastructure services to crypto mining customers; and GPU computing solutions for critical workloads related to AI, machine learning, and other HPC tasks. It also engages in the designing, constructing, and managing of data centers to support HPC applications. The company was formerly known as Applied Blockchain, Inc. and changed its name to Applied Digital Corporation in November 2022. Applied Digital Corporation has an lease agreement with CoreWeave for an additional 150MW at its Polaris Forge 1 Campus in Ellendale, North Dakota. Applied Digital Corporation is based in Dallas, Texas.

CEO: Wes Cummins. Company website

APLD — Frequently Asked Questions

What is the APLD stock price today?

Applied Digital Corp. (APLD) trades at $17.91, up 7.37% on the day, as of Nov 12, 2026 10:46 UTC.

What is Applied Digital Corp.'s market cap?

Applied Digital Corp. has a market capitalisation of $5.42B, calculated from the live APLD share price and shares outstanding.

What is the P/E ratio of APLD?

APLD has no meaningful price-to-earnings ratio: Applied Digital Corp. lost $1.64 per share over the last twelve months, and a P/E is only defined on positive earnings.

How much revenue does Applied Digital Corp. make?

Applied Digital Corp. generated revenue of $853.85M over the trailing twelve months, which puts the stock at 6.34 times sales.

What is the 52-week range for APLD?

APLD has traded between $13.12 and $50.73 over the past 52 weeks, and the last price is 64.7% below that high.

Is Applied Digital Corp. profitable?

No. Applied Digital Corp. is loss-making, with a net margin of -54.15% over the trailing twelve months.

What is the analyst price target for APLD?

Wall Street analysts rate APLD Buy, with an average price target of $58.20, 225.0% above the current price.

What sector is Applied Digital Corp. in?

Applied Digital Corp. is classified under the Technology sector and the Information Technology Services industry, and is domiciled in US.

Who is the CEO of Applied Digital Corp.?

Wes Cummins is the chief executive of Applied Digital Corp., which employs 256 people.

Where can I track APLD in real time?

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ETFs holding APLD

BLOK Amplify Blockchain Technology ETF 1.80% SCHA Schwab U.S. Small-Cap ETF 0.09% VGT Vanguard Information Technology ETF 0.05% FTEC Fidelity MSCI Information Technology Index ETF 0.04% IWD iShares Russell 1000 Value ETF 0.01% VTI Vanguard Morningstar Total Stock Market ETF 0.01% IWB iShares Russell 1000 ETF 0.01% SCHB Schwab U.S. Broad Market ETF 0.01% VT Vanguard Total World Stock ETF 0.01%

Largest institutional holders of APLD

Hood River Capital Management LLC 22,518,887 shares
Situational Awareness LP 15,384,616 shares
VANGUARD PORTFOLIO MANAGEMENT LLC 13,728,812 shares
BlackRock, Inc. BLK 13,375,070 shares
VANGUARD CAPITAL MANAGEMENT LLC 11,555,819 shares
TWO SIGMA INVESTMENTS, LP 10,299,117 shares
EQUITEC PROPRIETARY MARKETS, LLC 8,373,964 shares
GOLDMAN SACHS GROUP INC GS 6,980,959 shares
Value Aligned Research Advisors, LLC 5,546,030 shares
UBS Group AG 5,542,532 shares